In a recent meeting, stakeholders discussed the need for a proposed bill on urban land leasing to facilitate access to bank loans for investors who paid for land leases. The Standing Committee on Urban, Infrastructure Development, and Transport of the House of People’s Representatives convened to review amended draft proclamations concerning urban land tenure registration and the leasing of urban land.
During the discussions, participants highlighted the challenges faced by developers who recently participated in an auction conducted by the Addis Ababa City Administration. They emphasized that these developers require loans to cover costs incurred during the auction process and requested that provisions be included in the proclamation to address this need.
The Urban Landholding Registration Proclamation No. 818/2006 is currently undergoing amendments aimed at enhancing transparency in land allocation across the country. The new ordinance mandates that at least 20% of allocated land must be designated for housing construction. This change is seen as a significant step toward addressing issues within the sector and ensuring citizens’ rights to land use.
Additionally, stakeholders stressed the importance of implementing a modern data management system for organizing urban land tenure and related property registration consistently across all cities.
The amendment bill also addresses the necessity for rapid and sustainable development aligned with Ethiopia’s current growth trajectory. The Addis Ababa City Land Development and Administration Bureau has initiated its fourth round of land lease bidding, offering 285 plots across ten sub-districts, with 60 plots carried over from the previous round.
